The liberal media and Democrats, of course, hate what Donald Trump and Republicans in Congress have done without a single Democrat vote.

They are trying their best to degrade, dismiss or deliberately misrepresent the broad benefits that the bill will bring to the half of American households that pay federal income taxes and to the economy in general.

But even some in the Trump-Hate Media have had to admit that the president ended his first busy and rocky year in office with a major political victory.

Unlike all Democrats and a few cranky Republicans, I'm totally happy with the tax bill.

It's not perfect and it's not everything President Trump promised, thanks to lobbyists and the usual backstage Congressional deals and political maneuverings.

I have little doubt that in the near term and long term it will be good for the country, businesses, the Republican Party and middle-class taxpayers.

The tax bill is already paying huge dividends.

AT&T, Boeing, Wells Fargo and other companies, seeing how much they will save because their corporate tax rate has been slashed from 35 percent to 21 percent, are already raising their minimum wages to $15 an hour and handing out $1,000 bonuses to hundreds of thousands of their employees.

There's no question the GOP tax bill is a lousy deal for high-tax-bracket people like me who live in a high-tax blue state like California or New York.